51: With reference to the National Intellectual Property Rights Policy, consider the following statements:
1. It reiterates Indias commitment to the Doha Development Agenda and the TRIPS Agreement.
2. Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.
Which of the above statements is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
52: Assertions (A) :
A mixture of salt and ice gives temperature below 0°C.
Reason (R) :
The salt raises the freezing point of ice.
In the context of the above two statements, which one of the following is correct?
(a) Both A and R are true and R is the correct explanation of A
(b) Both A and Rare true but R is NOT the correct explanation of A
(c) A is true but R is false
(d) A is false but R is true
53: The terms `Marginal Standing Facility Rate and `Net Demand and Time Liabilities, sometimes appearing in news, are used in relation to
(a) banking operations
(b) communication networking
(c) military strategies
(d) supply and demand of agricultural products
54: Which one of the following is not related to United Nations ?
(a) Multilateral Investment Guarantee Agency
(b) International Finance Corporation
(c) International Centre for Settlement of Investment Disputes
(d) Bank for International Settlements
Explanation:
Multillateral Investment Guarantee Agency (MIGA), specialized agency of the United Nations. Formed in 1988, with headquarter in Washington, D.C., it is a member of the World Bank Group (IBRD) specialized agency of the United Nations, with headquarters at Washington, D.C.; also called the World Bank.
International Finance Corporation (IFC), United Nations (UN0 specialized agency affiliated with but legally separate from the International Bank for Reconstruction and Development (World Bank). Founded in 1956 to stimulate the economic development of its members by providing capital for private enterprises, the IFC has targeted its aid toward less-developed countries and has been their largest multilateral source of private-sector equity financing and loans.
International Center for Settlement of Investment Disputes (ICSID), specialized agency of the United Nations. A member of the World Bank Group, it was formed in 1966 and has its headquarters in Washington, D.C. In an effort to help promote increased flows of international investment, ICSID assists in the mediation or conciliation of investment disputes between government and private foreign investors.
The Bank for International Settlements (BIS) is an intergovernmental organization of central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks". It is not accountable to any national government. The BIS carries out its work through subcommittees, the secetariats it hosts, and through its annual General Meeting of all members. It also provides banking services, but only to central banks, or to international organizations like itself. Based in Basel, Switzerland, the BIS was established by the Hague agreements of 1930.
55: Consider the following statements:
1. Molasses is a by-product of sugar production process.
2. Bagasse obtained in the sugar mills is used as a fuel in the boilers to generate steam for the sugar factories.
3. Sugar can only be produced from sugarcane as the raw material.
Which of these statement are correct?
(a) 1 and 2
(b) 2 and 3
(c) 1 and 3
(d) 1, 2 and 3